The cost of essential goods and services is set to rise in a proposed review of taxation laws as the Ruto administration appears to buckle under decade-long pressure from the International Monetary Fund to drop blanket reliefs on consumption.
Treasury Secretary Njuguna Ndung’u has disclosed a plan to stop the zero-rating of value-added tax (VAT) on the supply of tens of goods such as maize flour, cooking gas, ordinary bread, medicaments, agricultural pest control products, and animal feeds.
